When the price level increases there is ________ movement along the aggregate demand curve because the buying power of money ________.
A)an upward;decreases
B)a downward;decreases
C)an upward;increases
D)a downward;increases
E)no;does not change

Question

Quizplus · Accepted Answer

When the price level increases, the buying power of money decreases, leading to a decrease in the quantity of goods and services demanded, which results in an upward movement along the aggregate demand curve.

When the Price Level Increases There Is ________ Movement Along